| Country | New development | Further reading |
| Austria | On 3 January 2024, the Austrian Ministry of Finance unveiled the new tax amendments that are applicable in 2024:
– the personal income tax brackets and rates are as follows:
Income bracket: less than EUR 12,816: tax rate: 0%
Income bracket: EUR 12,816–20,818: tax rate: 20%
Income bracket: EUR 20,818–34,513: tax rate: 30%
Income bracket: EUR 34,513–66,612: tax rate: 40%
Income bracket: 66,612–99,266: tax rate: 48%
Income bracket: Over EUR 99,266: tax rate: 50%
– the additional child allowance will be EUR 700 per child (increased from EUR 550 per child)
– the family allowance will be indexed on inflation rate
– the tax-free employer subsidy for childcare will also be doubled from EUR 1,000 to EUR 2,000 per child per year
– the monthly allowance for overtime bonuses will be permanently increased from EUR 86 to EUR 120. Over the next two years, the monthly allowance for 18 hours of overtime will be increased to EUR 200 per month for a limited period of time
– the allowances for pollution, hardship and hazard allowances as well as surcharges for Sunday, public |
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Web page updated on 17 Mar 2025 15:19